Catastrophe modeler Eqecat says a 7.3-magnitude earthquake inColumbia is expected to cause insured losses of less than $100million.
The modeler says the Sept. 30 earthquake, though strong,was relatively deep. Therefore, significant shaking was notwidespread even though the earthquake is the strongest one thecountry has felt since 2004.
Shaking was felt in localized pockets—especially in sites withvery soft soils—where shaking amplification can occur, Eqecatsays.
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